About 5488 New Mills Rd
Sellers are motivated - Discover an exceptional investment opportunity in the College Area near SDSU! Nestled 1.1 miles walking from the campus, this prime real estate is brimming with potential for development and subdivision. The parcel has long been envisioned as an investment property. Now is the perfect moment to seize this rare opportunity and transform this property. Email ryan@robconrealty.com for the marketing packet that provides more details and photos of designs rendered in 2023. Details about the property: -Current owners worked with a construction company with limited scope to determine building options for single family and ADU/Junior ADU - More units can (and should) be explored via subdivision -Topography of ~1 acre parcel includes ~0.3 acres of flat land on the bottom level, 0.3-0.4 acres of slope among the property, and another 0.2-0.3 acres of flat land on top level -A previous workshop sits on the property that can be used for garage/storage space -There is an open drainage that can be filled -Please review private remarks
Features of 5488 New Mills Rd
| MLS® # | NDP2407849 |
|---|---|
| Price | $799,999 |
| Bathrooms | 0.00 |
| Acres | 1.02 |
| Type | Land |
| Status | Active |
Community Information
| Address | 5488 New Mills Rd |
|---|---|
| Area | 92115 - San Diego |
| City | San Diego |
| County | San Diego |
| Zip Code | 92115 |
Amenities
| Utilities | Sewer Not Available |
|---|---|
| View | Neighborhood, Trees/Woods |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
Exterior
| Lot Description | Cul-De-Sac |
|---|
Additional Information
| Date Listed | March 1st, 2025 |
|---|---|
| Days on Market | 383 |
| Zoning | RS-1-7 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Jeffrey Hawkins |
|---|---|
| Office | Robcon Realty |